Compare the Best Local Rates

Best Santa Monica CD Rates in January 2012

Since we’ve begun a brand new year, it’s a great time to scrutinize your personal finances and find ways to improve them. For example, it may have been a while since you last looked at your bank accounts. An improvement you can make right away is switching your money to a higher earning investment. CD rates in Santa Monica are competitive if you know where to look, so find out if there’s a credit union or bank near you offering a great rate.

Benefits of Santa Monica CD Rates

One of the greatest pros of choosing Santa Monica CD rates over conventional savings accounts and rates is that they’re often a lot higher. This is especially common when it comes to long-term CDs. If you don’t need access to savings for a while, a certificate of deposit is the smarter option.

Highest CD Rates in Santa Monica

6-Month CD Rates

  • F & A Credit Union: 1.06%
  • Fedone Credit Union: 0.95%
  • Chevron Federal Credit Union: 0.8%

12-Month CD Rates

  • F & A Credit Union: 1.16%
  • Fedone Credit Union: 1.06%
  • Chevron Federal Credit Union: 0.9%

2-Year CD Rates

  • F & A Credit Union: 1.36%
  • Balboa Thrift and Loan Association: 1.26%
  • Pacific Advantage Credit Union: 1.26%

Please note that the above Santa Monica CD rates are accurate as of January 23, 2012, but are subject to change in the future at the discretion of the financial institution. You may also be subject to additional requirements in order to obtain an account. Please confirm interest rates before opening an account. You can find the most current interest rates on our Santa Monica CD Rates page.